TMFKopp (97.55)

UBS Fined for Losing Money

0

From a certain perspective, you've got to chuckle at the idea that UBS (NYSE: UBS) is getting fined almost $50 million for allowing rogue trader Kweku Adoboli to lose $2.3 billion. It's a little like getting shot in the leg by a mugger and then having a police officer walk by and slap you in the face while you're writhing on the ground.